Bruno Ramos & Maritza Ramos Acquire Store In Homestead, FL For $2.3M
27860 Dixie Highway, Homestead, Florida 33032, United States
$2,300,000
$522/SF
Building Size
4,400 SF
Asset Type
Retail
Closing
Feb 21, 2022
About this deal
AI
The property involved in the transaction is a store located at 27860 S Dixie Hwy in Homestead, FL. The store has a total square footage of 4,400 and was sold for a price of $2,300,000, resulting in a price per square foot of $523.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $2,300,000
- Buyer: Bruno Ramos & Maritza Ramos
- Seller: Gwendolyn R Love & Lesel Love Jr
Bruno Ramos & Maritza Ramos were the buyers in this transaction, while Gwendolyn R Love & Lesel Love Jr were the sellers. The sale took place on February 22, 2022. Additional information about the property or the deal is not available.
Players
Homestead Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93